Divgi TorqTransfer Systems IPO vs Udayshivakumar Infra IPO

Comparison between Divgi TorqTransfer Systems IPO and Udayshivakumar Infra IPO.

IPO Details

Divgi TorqTransfer Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Udayshivakumar Infra IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Divgi TorqTransfer Systems IPO is up to ₹412.12 Cr whereas the issue size of the Udayshivakumar Infra IPO is up to ₹66.00 Cr. The final issue price of Divgi TorqTransfer Systems IPO is ₹590.00 per share and of Udayshivakumar Infra IPO is ₹35.00 per share.

 Divgi TorqTransfer Systems IPOUdayshivakumar Infra IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹560.00 per share₹33.00 per share
Issue Price (Upper)₹590.00 per share₹35.00 per share
Issue Price (Final)₹590.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size25 shares428 shares
Fresh Issue Size30,50,847 shares1,88,57,142 shares
Fresh Issue Size (Amount)up to ₹180.00 Crup to ₹66.00 Cr
OFS Issue Size39,34,243 shares0 shares
OFS Issue Size (Amount)up to ₹232.12 Crup to ₹0.00 Cr
Issue Size Total69,85,090 shares1,88,57,142 shares
Issue Size Total (Amount)up to ₹412.12 Crup to ₹66.00 Cr

IPO Timetable

Divgi TorqTransfer Systems IPO opens on Mar 01, 2023, while Udayshivakumar Infra IPO opens on Mar 20, 2023. The closing date of Divgi TorqTransfer Systems IPO and Udayshivakumar Infra IPO is Mar 03, 2023, and Mar 23, 2023, respectively.

 Divgi TorqTransfer Systems IPOUdayshivakumar Infra IPO
Anchor Bid DateFeb 28, 2023
Issue OpenMar 01, 2023Mar 20, 2023
Issue CloseMar 03, 2023Mar 23, 2023
Basis Of Allotment (Tentative)Mar 09, 2023Mar 28, 2023
Initiation of Refunds (Tentative)Mar 10, 2023Mar 29, 2023
Credit of Share (Tentative)Mar 13, 2023Mar 31, 2023
Listing date (Tentative)Mar 14, 2023Apr 03, 2023
Anchor Lockin End date 1Apr 08, 2023
Anchor Lockin End date 2Jun 07, 2023

Financials & KPIs

Divgi TorqTransfer Systems IPO P/E ratio is 35.16, as compared to Udayshivakumar Infra IPO P/E ratio of 9.67.

 Divgi TorqTransfer Systems IPOUdayshivakumar Infra IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets430.21405.37362.88303.70
Total Income137.55241.87195.03170.74
Profit After Tax25.6646.1538.0428.04
NET Worth356.20340.02295.88209.53
Reserves and Surplus342.44326.25288.99203.51
Total Borrowing0.500.120.2650.41
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets178.90162.61146.82158.26
Total Income107.14186.39211.11194.41
Profit After Tax10.0212.159.3210.49
NET Worth78.3468.3256.1846.87
Reserves and Surplus0.000.000.000.00
Total Borrowing39.4626.4830.6033.95
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)67.18100.00
Promoter Shareholding (Post-Issue)65.9
P/E Ratio35.169.67
Market Cap₹1804.39 Cr.₹193.75 Cr.
ROE14.5217.78
ROCE29.4720.71
Debt/Equity0.000.39
EPS₹16.76₹3.33
RoNW13.5717.78

Shares Offered

In the Divgi TorqTransfer Systems IPO Retail Individual Investors (RII) are offered 6,98,509 shares while in Udayshivakumar Infra IPO retail investors are offered 6,98,509 shares. Qualified Institutional Buyers (QIB) are offered 20,95,528 shares in Divgi TorqTransfer Systems IPO and 18,85,713 shares in Udayshivakumar Infra IPO.

 Divgi TorqTransfer Systems IPOUdayshivakumar Infra IPO
Anchor Investor Reservation31,43,290 shares
Market Maker Reservation
QIB20,95,528 shares18,85,713 shares
NII10,47,763 shares56,57,143 shares
RII6,98,509 shares1,13,14,286 shares
Employee
Others
Total69,85,090 shares1,88,57,142 shares

Bids Received (Subscription)

Divgi TorqTransfer Systems IPO subscribed 5.44x in total, whereas Udayshivakumar Infra IPO subscribed 32.49x.

 Divgi TorqTransfer Systems IPOUdayshivakumar Infra IPO
QIB (times)7.83x42.92x
NII (times)1.40x64.08x
Big NII (times)0.89x63.54x
Small NII (times)2.41x65.14x
RII (times)4.31x14.95x
Employee (times)
Other (times)
Total (times)5.44x32.49x

Compare with others

Compare:

Divgi TorqTransfer Systems IPO Vs Udayshivakumar Infra IPO